Could Your Purse Be Hiding A Fortune?

Those who have used chrome plating services in the past will not be a stranger to precious metals, but you may not realise how much the discarded metallic cash in your purse is worth.

An article in the Daily Mail has revealed that many people are carrying around a fortune in loose change without knowing it, with seemingly worthless coins being sold for extortionate amounts at auction.

For instance, last year, a silver 2p coin sold for nearly £1,400, due to the rarity of having a 10p-sized silver coin with 2 pence print. As this has only been recorded twice in recent years, the value of a silver 2p is extremely high.

Another 2 pence coins that are worth a lot of money are the ones that were mistakenly minted in 1983 with the inscription ‘new pence’ instead of ‘two pence’. Coins prior to 1982 had this print on them, but a few from the following year were pressed with this mark by error.

According to the publication, they are thought to be worth around £500 each if you can find one in your purse or wallet!

Those who have a 2008 20p coin with the Royal Shield of Arms on but has a missing
date could find themselves £100 richer.

That year, the Royal Mint released a series of 1p, 2p, 5p, 10p, 20p and 50p coins that revealed the shield when placed together.

However, once more, a blunder was made at the mint, which meant 136 million 20p coins are missing their date, something which all coins have.

Despite being named the ‘Holy Grail of change collecting’, they are likely to only get you £100 from a collector. A lot more than 20p though!

While most people might now be rummaging through their wallets to see what they can find, some may make more of a concerted effort to hunt for valuable coins. For instance, you could check all your pockets in your wardrobe, pull out furniture and look under sofas and beds, search your car, go to a busy public place like a station to see what you can find, and look around fences or barriers.

Coin slots in vending machines, on shop floors around tills, and areas where there is a lot of pedestrian traffic are also locations where lots of coins are dropped by mistake.